Republicans are unified against Biden’s plans for health care, environmental protection and civil rights. But they might not be able to stop progress on those issues — not to mention tax increases and stronger financial regulation — should Democrats Rafael Warnock and Jon Ossoff emerge victorious today.
‘Decade Of Disappointments’ Coming, World Bank Says
The disinvestment during the pandemic, especially in developing regions, will compound over the decade, slowing down the economic spurt expected as the pandemic subsides, according to the World Bank Global Economic Prospects report.
DENVER (January 5, 2021) – Skip Schweiss, CFP®, AIF® officially assumed the role of 2021 President of the Financial Planning…
Genworth and Oceanwide have not extended the current Dec. 31, 2020, “end date” under the merger agreement, Genworth said in a news release on its website. The deadline to complete the merger already has been extended 16 times. Such a merger was expected to infuse Genworth with $1.5 billion in capital.
Three of the nation’s biggest names in business – Amazon, Berkshire Hathaway and JPMorgan – banded together with the goal of reinventing health care. Three years later, Haven is closing.
The new year brings six new insurance laws in California, sponsored by Insurance Commissioner Ricardo Lara and the California Department of Insurance.
ARLINGTON, VA, January 4, 2021 — The funded status of the nation’s largest corporate pension plans started and finished 2020…
NEW YORK – New York Life, America’s largest mutual life insurer, announced the completion of the company’s acquisition of Cigna’s…
InsuranceNewsNet’s most-read Washington Wire stories from 2020 reflect the turbulent economic reality. Tax issues, Social Security and legislation to improve retirement savings dominated our news coverage. Here are the top five news stories from our nation’s capital.
Virtual Virtues
The COVID-19 pandemic has inspired advisors and the industry to give back in creative ways.
How The Student Becomes The Advisor
Gregory Dexter is advising today’s clients while drawing on his grandfather’s wisdom.
Small Town, Big Vision
Greg Gagne tells how others helped him think bigger, and how he is giving it forward.
The COVID-19 Pandemic Has Upended The LTCi Market
The pandemic has highlighted health concerns and is a special challenge for those who need long-term care services.
Esoteric ABS: Learning Curve May Be Worth Possible Yield
The market for esoteric asset-backed securities offers compelling opportunities for investors seeking greater yields against more traditional fixed-income securities of similar quality and duration
Politics Is The Wild Card In Planning For Taxes
A tax-free gift to a trust that owns life insurance can potentially avoid all taxation.
Americans More Confident In Life Insurance Since COVID-19
The pandemic has made consumers more aware of the need for life insurance and more aware of the role of the advisor in the purchase process.
Benefits Boost Financial Wellness As Well As Physical Wellness
How brokers can provide their employer clients with benefits that help their workers’ financial health.
The Family Tree Strategy That Keeps Money In The Family
How annuities can spread wealth to subsequent generations while helping advisors retain clients in the family.
Biden Transition Expected To Hit DOL Rule, Enforcement Direction
President-elect Joe Biden is busy filling out a team and putting together plans for his administration. Here are the key economic and regulatory players and the potential influence they will have on insurance and financial services.
